Herman Cain


Herman Cain’s column is distributed by CainTV, which can be found at Herman Cain

Most Recent Articles by Herman Cain:

What if Trump is proving a ‘not normal’ president is not a problem after all?

Feb 18, 2018 — Herman Cain

What if Trump is proving a 'not normal' president is not a problem after all?

I know it seems like a long time ago, but in the run-up to the 2016 election, the predictions of catastrophe in the event of a Donald Trump win were quite something.

  • He would touch off a nuclear war, we were told, with some intemperate remark on Twitter.
  • He would destroy the vaunted public institutions of America with behavior decidedly un-presidential.
  • He would diminish the office by getting into flame wars with people like Rosie O’Donnell and Arnold Schwarzenegger.
  • He would empower Nazis, fanatics and haters to run rampant in the streets.
  • He would be an authoritarian strongman who would shred the Constitution and trample on everyone’s rights.

Quit dreaming of a better yesterday

Feb 12, 2018 — Herman Cain

Quit dreaming of a better yesterday
Last Sunday I was one of seven American Black Conservatives (ABCs) who received the African American Trailblazers award for some of the unique achievements I have been blessed to accomplish during my life. John Sibley Butler was one of the other recipients who reminded us that it is good to observe our black history, but we must “quit dreaming of a better yesterday.”


The two-year budget deal: A spending explosion with a mess of tax favors mixed in

Feb 11, 2018 — Herman Cain

The two-year budget deal: A spending explosion with a mess of tax favors mixed in
Although we’ve already told you there is a silver lining or two, the fact remains that the two-year budget deal negotiated by Republican and Democrat leaders in Congress is exactly the opposite of what the country needs right now. It’s true that it will more adequately fund the military, and that’s important. But in order to get there, Republicans basically allowed the Democrats to remove all restraints on federal spending, while messing up the revenue stream by extending 35 tax breaks that were supposed to expire.

This is exactly the opposite of the fiscal discipline we need, and it’s exactly the opposite of the tax simplification we should be moving toward.


Democrats are defending the indefensible

Feb 5, 2018 — Herman Cain

Democrats are defending the indefensible
In God we trust. The Flag. The National Anthem.

When elected Democrats sat unmoved during the State of the Union address last week as the president embraced these defining symbols of our nation, I was shocked, embarrassed and somewhat frightened.

I was shocked because it showed that their true feelings were politics over patriotism. We can have differences of political opinions, but there should be no differences of our love for our country, and what it has allowed all of us to become. Most of us are not divided on patriotism.


Small businesses planning to raise wages in 2018 at highest rate in 28 years

Feb 4, 2018 — Herman Cain

Small businesses planning to raise wages in 2018 at highest rate in 28 years
Chuck Schumer and Nancy Pelosi have been insisting that $1,000 bonuses to workers are chump change, an degrading insult that should make the workers seethe with rage. I have a feeling that’s not what most of them were doing as they strolled into the bank to cash or deposit those unexpected checks. But if Chuck and Nancy don’t like $1,000 bonuses, maybe they’d feel better about rising wages at small businesses.

Because according to the National Federation of Independent Businesses, we’re going to get more of that this year than we’ve seen in the past 28 years:


More evidence the tax reform law is spurring massive business activity

Jan 28, 2018 — Herman Cain

More evidence the tax reform law is spurring massive business activity
Here’s an observation that isn’t even open to debate: If a business find itself with more capital on hand than it expected, it will use that capital in whatever way it believes will best support the company’s pursuit of its goals.

Every company has slightly different goals, of course, but most want to grow and all want to make a profit. Most have things they’d like to do in order to spur that growth or that profitability, and whether or not they can these things depends in large part on the availability of cash. When Congress passed, and President Trump signed, the tax cut in late December, every corporation in America found itself looking at the availability of significant capital it would not have otherwise had.


Most people aren’t buying the Democrats’ shutdown nonsense this time

Jan 22, 2018 — Herman Cain

Most people aren't buying the Democrats' shutdown nonsense this time
President Trump and conservatives are calling it the Schumer Shutdown. Senator Chuck Schumer and the liberals are calling it the Trump Shutdown.

Most of us don’t care, and most of us are not directly affected by the shutdown.

Most of us care that our military people will not get paid until this crap is over. Most of us care that health care coverage for 9 million children will be in limbo until this crap is over. And we almost care that some federal workers will not get paid until this crap is over.


So now you know what repatriated profits are

Jan 21, 2018 — Herman Cain

So now you know what repatriated profits are
Dan gave me credit for this the other day, but I’ll take some myself if that’s OK with you.

He remembers from his days as my syndicate editor that I was talking a decade ago about the need to repeal the tax on repatriated profits. It wasn’t a hot topic of conversation at the time. There weren’t a lot of pundits or politicians talking about it.

But business people knew what it was, and they knew how much it was holding back the U.S. economy’s growth potential.


After spending the Obama years on hold, Dr. King’s Dream breathes again

Jan 15, 2018 — Herman Cain

After spending the Obama years on hold, Dr. King's Dream breathes again
Two years ago, I wrote that the Dream was on hold:

The economy is stalled. Business expansion is stalled. There are fewer doors of opportunity for people who want to run through them. Median incomes are declining. Taxes and the national debt are increasing.

Tensions between citizens and law enforcement officials are being stirred. Identity politics and political correctness are being used to divide all of us. Our moral values are under attack. Public trust in our collective federal government is declining, and too many people are discouraged and losing hope.


Walmart applies tax savings to raise minimum wage from $9 to $11

Jan 14, 2018 — Herman Cain

Walmart applies tax savings to raise minimum wage from $9 to $11
Last Sunday I talked about why it’s actually a good thing for the economy if businesses use their tax savings for stock buybacks, because it puts more capital in the hands of investors who will likely find productive uses for the cash. This was a partial rebutall to the bluster from Democrats like Elizabeth Warren that businesses would do nothing to “help workers” with the tax cut.

Anything you do to funnel more money into the productive sector of the economy helps workers, because it helps everyone.

But it is also true that many companies are sharing their tax savings directly with employees. The latest to do so is Walmart, which announced this past week that it’s going to raise its company minimum wage from $9 to $11.


A year in, at least we know Trump Derangement Syndrome isn’t going away

Jan 8, 2018 — Herman Cain

A year in, at least we know Trump Derangement Syndrome isn't going away
After nearly a year of the Trump presidency, it is clear that Trump Derangement Syndrome is here to stay among the liberal media and the so-called Democrat leaders in Congress.

The liberal media can’t admit they have been wrong about President Trump, and the so-called Democrat leaders in Congress have no credible alternative to the impressive 2017 results of the Republican-controlled Congress and this president.


Corporations aren’t just using the tax cut to buy back stock, but it’s a very good thing if they do

Jan 7, 2018 — Herman Cain

Elizabeth Warren,  Correcting economic illiteracy
We told you on the radio Thursday that Elizabeth Warren gets more wrong by the day. She insisted before the tax cut vote in December that the corporate rate cut would not benefit ordinary people at all, because the corporations would just use the saved money for stock buybacks and executive bonuses.

First of all, that was factually untrue. The latest roundup of companies using their tax savings for employee bonuses, wage increases and other similar investments includes AFLAC, BB&T, Comcast, Gate City Bank, Navient, Southwest Airlines and U.S. Bancorp. The list gets longer just about every day. Companies will use the tax savings in whatever way serves their strategic objectives, and the companies listed here join many others in believing it makes sense to invest in employees, facilities, product development and other things that will benefit people broadly.


Happy New Year 2018: Now how do you make it a real turning point?

Jan 2, 2018 — Herman Cain

Happy New Year 2018: Now how do you make it a real turning point?
What does that really mean?

For me, it means I’m praying that the new year will go better for someone personally, professionally and politically than the previous year. But that can’t happen if the person does not do something to achieve better outcomes.

If they are happy with the current outcomes in their life, then we wish them continued success. If they are not happy with the outcomes in their life, then wishing and praying might do little good.


2017 was a testament to what happens when you focus on the possible

Dec 31, 2017 — Herman Cain

2017 was a testament to what happens when you focus on the possible
First we were told Donald Trump could never win the nomination. Then we were told he couldn’t win the election. Then we were told no good people would join his administration. Then we were told he could never govern. Then we were told the Republican legislative agenda was impossible.

The next time you’re looking for positive inspiration to start your day, don’t listen to these people.

But these notions are nothing new. They’ve ruled the day in Washington D.C. for as long as anyone can remember. I know all about it. When I ran for president, I was dismissed as a goofball pizza man with a crazy idea with the funny name of 9-9-9. Yet when I won the Florida straw poll and was leading the polls among the Republican field, that showed me something: What the people think is not the same as what the elites think.


Merry Christmas! We are winning!

Dec 25, 2017 — Herman Cain

Merry Christmas! We are winning!
Merry Christmas!

Jesus is the reason for the season!

People forget that Jesus was born against the odds according to man’s expectations. But he fulfilled a prophesy according to God’s will.


U.S. corporations already proving Democrats wrong about how they’ll use tax savings

Dec 24, 2017 — Herman Cain

U.S. corporations already proving Democrats wrong about how they'll use tax savings
Elizabeth Warren wasn’t the only Democrat to make this claim. She was just the loudest and the most shrill, which is par for the course for her.

Cutting the corporate tax rate would do no good, they insisted, because CEOs wouldn’t use the money to invest in growth, or employee wages, or new jobs . . . or pretty much anything good at all. They’d use it, according to Warren, on “stock buybacks.” She claimed CEOs had told her that. The left in general claimed that the corporate tax cut would result in nothing more than big fat bonus checks for executives and dividend bonuses for shareholders.

Leaving aside the fact that dividend payouts to shareholders aren’t necessarily bad things at all, those of us with experience in business knew better. Companies don’t bust their butts earning cash just to hoard it. I’ve served on five corporate boards and the discussion was never about how to shrink or stay put. It was always about how to grow. That’s what companies want to do.


Don’t be alarmed by rising interest rates; they reflect economic strength and demand for capital

Dec 17, 2017 — Herman Cain

Fed raised interest rates
Interest rates can rise too high. At the close of the Carter Administration we were looking at rates as high as 17 percent. That puts capital out of reach for too many people, and makes the risks associated with taking on debt too great in most cases.

But interest rates can also be too low. Ever since the market crisis of 2008, the Federal Reserve has kept interest rates lower than they probably should have been, because the Fed thinks its job is not just to maintain the stability of the currency (which is its real job), but also to control inflation and battle unemployment. The longer we experienced muted economic growth under Barack Obama’s high-tax, high-regulatory, anti-growth policies, the longer the Fed felt the need to keep interest rates low. The result of this was that interest rates didn’t really reflect the true demand for credit, and the cost of the federal government’s deficit spending was made to look lower than it probably should be.


Media try to convict Trump, with innuendo instead of evidence, in the court of public opinion

Dec 13, 2017 — Herman Cain

Media try to convict Trump, with innuendo instead of evidence, in the court of public opinion
Here we go again!

This time it’s alleged sexual harassment by President Trump. The anti-Trump crowd is hoping that the court of public opinion will bring him down this time, since they have not been able to find any credible evidence related to Russian collusion or obstruction of justice.

So, let’s review how this court of public opinion works.


Stuck in the ‘60s, John Lewis is not a voice of anything positive today

Dec 11, 2017 — Herman Cain

John Lewis
John Lewis.

He is just the latest example of people and organizations looking for relevance in all the wrong places. Not attending the opening of a civil rights museum in Mississippi because President Trump attends is not a civil rights statement. It is a dated divisive statement for the few people who continue to think his actions and protests are relevant.

John Lewis’s actions, which get media attention, are not relevant, and most people do not care. Most of us have moved on past the America of the 1960s.


Wow: The real unemployment rate - the one that counts workforce refugees - is dropping like a stone

Dec 11, 2017 — Herman Cain

The real unemployment rate - the one that counts workforce refugees - is dropping like a stoneThe Wall Street Journal had a surprising bit of information the other day, one that probably escaped the notice of most people but is in fact a very important indicator of our economic vitality.

We’ve often talked here about the fact that there are two unemployment rates, and that the one we usually hear about is misleading. The U-3 unemployment rate is the one that ignores those who have stopped looking for work. This rate is now a very low 4.1 percent, but as we’ve told you before, that doesn’t mean much if it ignores millions of people who are also not working and aren’t even trying to find jobs.

The U-6 unemployment rate, on the other hand, takes account of these people, and it’s typically much higher than the U-3. If you really want a sense of the employment picture, you need to look at the U-6 rate - but usually the one we hear about is the U-3.